No. of Recommendations: 3
A couple of points

I assume you are speaking of a "deferred annuity". If so, this is really a tax deferred and expensive savings account that you will likely be well served to get the money out of at 59.5...but keep in mind that the value of this account by which it exceeds the account's basis will be ordinary income to you the year of the withdrawal.

As to how to invest these dollars...that will depend on your income need and risk tolerance.

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